Lex comply

    Consolidation of Shares followed by Split of Shares

    Posted By : Arpit / Published on : 03-Nov-2020 01:24 PM / View : 103 / Comment : 0
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    Whether consolidation of Shares ( Compiling 12 Share Certificates into 1 Share Certificate) can be done ? If yes, post consolidation, Split of Share Certificate in the denomination as requested by the Shareholder and approved by the Board can be effected ? Considering Rule 6(1)(c) of the Companies(Share Capital and Debentures) Rules, 2014, the same can be done. Opinions are invited in this regard please.
    Read more on : shares split followed consolidation



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